SACRAMENTO, Calif. (AP) – U.S. residents now make up the largest wine market in the world, consuming 13 percent of all that’s produced globally, according to an analyst who spoke Wednesday at a major wine industry gathering.
Jon Fredrikson told executives at the Unified Wine and Grape Symposium that U.S. production increased 2 percent last year to help meet demand.
“This market was brutally competitive,” Fredrikson told the crowd.
Bulk wine imports from Argentina helped slake the thirsts of U.S. consumers, followed by Chile and Australia. New Zealand has boosted its planted acreage by almost a quarter and is expected to become a bigger player, especially with production of sauvignon blanc.
Wine consumption is decreasing in France and Italy, so increasingly foreign producers are aiming for the U.S. market.
Overseas wines now account for 35 percent of sales in the U.S.
According to the Press Democrat of Santa Rosa (
http://bit.ly/WVhZEz), Fredrikson said consumers were driven to cheaper imports by grape shortages in the U.S. in 2010 and 2011 that resulted in higher prices for domestic wines.
Even the Charles Shaw label _ known affectionately as “Two Buck Chuck” _ was forced to raise prices this month by 50-cents per bottle.
One of the biggest sales success stories was Modesto-based Gallo, which saw sales increase by 9 percent in 2011 and 5 percent last year.
(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)
- 7 common ways to get sued by your employees
- Why it might be time to upgrade your toilet
- Arizona teachers are building a better future by using technology in the classroom
- How to make summer reading fun for the whole family
- How to find relief for chronic joint pain
- Can the NBA Lottery save the Suns?
- Skip Urgent Care: 5 ailments you can treat with telemedicine
- Skin Cancer in Arizona: Stats, facts and new immunotherapy drugs making strides
- Distracted walking injuries end up not so funny
- Scary situations: 5 quick tips before you let a contractor in your home
- Four ways telemedicine is changing the health care industry
- 5 mistakes homeowners make in the spring
- Three rivers run through it: Exploring Arizona's waterways
- Smart home basics: things you need to know to get started
- 5 Surprising things causing back pain
- Arizona agriculture is a $17.1B industry
- Timeline: Arizona's roots in brewing history
- 5 reasons to love the D-backs this season
- Tips for taking your home entertainment experience to the backyard
- Tech-related injuries your parents never experienced
- Workers comp: Signs your co-worker could be a fraud
- Who's the real founder of America's pastime?
- Epidemic rising? What you need to know about Alzheimer's in Arizona
- 5 unforgettable Wooden Award winners
- Family and hard work are keys to success of modern dairy farmers
- Genetic testing could hold answers for colon cancer survival
- Cold beers and baseball: A beer lover's guide to Spring Training
- Telecommuting: 5 tips to make it work for employers and employees
- See how top CFOs feel about economic growth in the Valley
- Migraine myths that keep patients from effective treatments